Crypto Rundown: Bitcoin Breaks $100k & The Top Meme Coin Trades Right Now
Released on May 9, 2025, on the CRYPTO 101 podcast hosted by Bryce Paul and Brendan Viehman, this episode delves into the monumental rise of Bitcoin breaking the $100k barrier, the dynamics of the current stock market, insights from the recent Federal Reserve meeting, and a deep dive into the thriving meme coin landscape. Additionally, special guests Brian and Joe from Momentum Moneymakers join the discussion to provide their expert analysis on emerging trends and top-performing meme coins.
1. Introduction and Special Guests
Bryce Paul kicks off the episode by welcoming Brian and Joe from Momentum Moneymakers, who are referred to as the "crypto Navy SEALs" for their on-the-ground expertise during volatile market conditions.
[00:00] Bryce Paul: “These guys are in the trenches. They live in the trenches. They love the trenches.”
2. Bitcoin Hits $100k Milestone
The primary focus of the episode is Bitcoin's surge past the $100k mark. Bryce and his guests discuss the technical indicators and market sentiment that led to this significant milestone.
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Technical Analysis Insights:
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Bryce references a screen share from Brendan Viehman, highlighting Bitcoin's dip below the 200-day moving average—a historically bullish signal.
[02:00] Bryce Paul: “Bitcoin's done that several times and it looks like he nailed that call.”
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Market Predictions:
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The team anticipates further upward movements, possibly reaching $110k, which they believe will trigger substantial FOMO (Fear of Missing Out) among investors.
[12:49] Brian: “I know that when we cross $110k Bitcoin, there's going to be massive moves...”
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3. Federal Reserve Meeting and Market Reactions
The recent Federal Reserve meeting resulted in a neutral stance—no rate hikes or cuts—which aligned with the hosts' predictions.
- Bryce's Commentary:
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Emphasizes that the Fed's decision wasn't a major market mover but highlights the significance of newly announced trade deals, particularly with the UK.
[14:15] Bryce Paul: “That's going to wrap up our bitcoin talk. We're going to have Brendan back next week...”
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4. UK Trade Deal Impact
Brian breaks down the unexpected announcement of a trade deal between the United States and the United Kingdom, analyzing its implications for the crypto market.
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Positive Market Sentiment:
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The deal is seen as a catalyst for market growth, fostering a shift in global power dynamics towards North America.
[15:29] Brian: “We're seeing a shift of global power here where the UK is partnering with North America and not Europe.”
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Future Projections:
- While not as impactful as a potential deal with China, the UK agreement is expected to bolster investor confidence and drive further market rallies.
5. Ethereum Outperforms Bitcoin: Implications for Altcoins
A surprising trend has emerged with Ethereum (ETH) outperforming Bitcoin, signaling potential for an altcoin season.
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Bryce's Analysis:
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Points out that ETH's outperformance can lead to significant gains in various altcoins, including meme coins.
[05:12] Bryce Paul: “It does feel like we're starting to really believe that we could be coming into a true alt season with this ETH outperformance.”
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Brian's Perspective:
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Believes ETH's strength will spill over into meme coins and other Layer 1 (L1) and Layer 2 (L2) solutions, fueling a broader market surge.
[36:04] Brian: “I have a ton of Solana. I love Solana, and I'm not going to sell that out. But part of me would rather hold Pepe right now than Ethereum.”
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6. Meme Coin Spotlight
The episode dedicates substantial time to discussing top-performing meme coins, highlighting their growth, community support, and future potential.
a. Fart Coin
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Origin and Appeal:
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Created by an AI developer, Fart Coin leverages humor and viral potential to attract investors.
[25:52] Brian: “Fan Coin could really become one of the biggest winners in the entire space in a bull run.”
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Market Performance:
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After experiencing significant corrections, Fart Coin has rebounded impressively, reaching a market cap of approximately $1.16 billion.
[26:23] Brian: “It's now at like $1.16 billion with a B market cap.”
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b. Pudgy Penguins (Pengu)
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Community and Collaborations:
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Pudgy Penguins has established strong partnerships with major brands like Walmart, Target, and Amazon, enhancing its utility and visibility.
[32:06] Joe: “They have backing by venture funds like Canary Capital...”
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Ecosystem Development:
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The launch of a dedicated blockchain, Abstract, integrates Pengu for seamless transactions and rewards within their ecosystem.
[32:06] Joe: “You can tip the streamers with a Meme Coin and they reward you with a Meme Coin.”
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c. Rec Drinks (Rekt)
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Innovative Integration:
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Rec Drinks combines physical product sales with blockchain utility, allowing NFT holders to gain equity and participate in rewards.
[40:35] Joe: “They sold out in 40 minutes globally...”
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Growth Potential:
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The Rec Drinks coin has shown substantial growth, driven by strategic launches and strong community support.
[42:50] Brian: “It's a runner and I think it can run very, very high this cycle.”
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d. Other Notable Meme Coins
- MOG Coin and Pepe:
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These coins continue to show resilience and growth, driven by dedicated communities and strategic market positioning.
[36:04] Brian: “Mog coin's up 50% on the week...”
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7. Coinbase and Riot Games Partnership
A significant highlight is the partnership between Coinbase and Riot Games, aiming to integrate blockchain technology into the gaming ecosystem.
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Enhanced User Onboarding:
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The collaboration is set to introduce NFT drops, digital rewards, and seamless crypto transactions within popular games like League of Legends.
[20:45] Joe: “This is huge globally and just people utilizing blockchain...”
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Future Implications:
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This partnership is expected to drive mass adoption of crypto within the gaming community, opening avenues for both gamers and investors.
[22:02] Brian: “It's absolutely huge. ... it's going to be a huge opportunity not just for gamers, but for investors...”
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8. Investor Psychology and Market Sentiment
The hosts discuss the psychological aspects influencing investor behavior, particularly in relation to Bitcoin's price milestones and overall market sentiment.
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Fear of Missing Out (FOMO):
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Crossing certain price thresholds, such as $110k, is anticipated to trigger FOMO, leading to increased investment and market activity.
[12:49] Brian: “…when we cross $110k Bitcoin, there's going to be massive moves...”
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Sticking Through Volatility:
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Emphasizes the importance of maintaining a steady investment strategy despite market fluctuations, as positive underlying crypto developments continue.
[09:02] TiVo: “If you stick with us through kind of that volatility...”
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9. The Role of M2 Money Supply
M2 money supply is briefly discussed as an economic indicator, with Bryce expressing a personal bullish stance despite skepticism from others.
[13:36] Bryce Paul: “...I'm just going to start following people that endorse that M2 money supply because it looks so juicy.”
10. Conclusion and Future Outlook
Bryce wraps up the episode by summarizing the key points discussed and looking forward to upcoming topics, including China trade talks and their potential impact on the crypto market.
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Future Episodes:
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Anticipation of Brendan's return to analyze new developments and continue providing expert insights.
[14:15] Bryce Paul: “Brendan's going to be back next week to break that down for us.”
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Final Thoughts:
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Reinforces the bullish sentiment towards Bitcoin and meme coins, encouraging listeners to stay informed and engaged with the evolving market.
[44:47] TiVo: “Whenever that happens, you guys are the ones to bring on to break down the trenches.”
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Notable Quotes:
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Joe on Bitcoin's Resilience:
“This is nothing new right. The big boys were just accumulating every single day.”
[07:33] Joe -
Brian on ETH and Meme Coins:
“I would rather hold Pepe right now than Ethereum.”
[36:04] Brian -
Bryce on Market Sentiment:
“It's nonstop positive news flow underneath the hood.”
[09:02] TiVo
Key Takeaways:
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Bitcoin's $100k Milestone: A significant achievement driven by favorable technical indicators and strong market fundamentals, setting the stage for further growth.
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Ethereum's Outperformance: Signals potential for an altcoin season, with specific meme coins poised for substantial gains.
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Meme Coins on the Rise: Coins like Fart Coin, Pudgy Penguins, and Rec Drinks are leading the meme coin surge, supported by strong communities and strategic partnerships.
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Blockchain in Gaming: The Coinbase and Riot Games partnership exemplifies the seamless integration of blockchain technology into mainstream gaming, enhancing user engagement and crypto adoption.
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Investor Sentiment: Positive market developments and milestone achievements are fostering a bullish sentiment, encouraging both seasoned investors and newcomers to engage actively in the crypto market.
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Future Prospects: Anticipation of new trade deals and economic indicators like M2 money supply will continue to shape the crypto landscape, with hosts and guests poised to provide ongoing insights.
For More Information:
- Momentum Moneymakers Podcast: [Insert Link]
- Crypto101 Community and Resources: [Insert Link]
- Follow Bryan and Joe on Social Media: [Insert Links]
Note: All discussions in this summary are for informational purposes only and do not constitute financial advice. Always conduct your own research before making investment decisions.